When you own a home there are more choice how the space can be used. Financially it creates equity that can be used vs. rent which there is no equity. Home ownership because an investment that when sold the resources can be used to purchase other property or for retirement. Parking is more readily available with a home. Use the space and make renovations as you please.
Landlords do not do much for up keep unless you pay an exuberantly for the apartment, are slow to make repairs and
You cannot even pain the walls.